Electric Motor for Household Appliances Market Size 2030

The global Electric Motor for Household Appliances Market is projected to reach USD 9.90 billion by 2030, growing at a CAGR of 5.1%.

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The increasing government regulations aimed at reducing carbon emissions worldwide are driving the demand for energy-efficient solutions, including electric motors. As these regulations tighten, manufacturers are adopting advanced technologies to improve energy efficiency, further fueling market growth. The Asia-Pacific region holds a significant share in the electric motor market for household appliances and is expected to maintain its dominance during the forecast period, driven by rapid urbanization and economic growth. The expansion of cities in this region is boosting the demand for efficient and effective household appliances.